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Updated: 1 hour 46 min ago

China confident it can clinch U.S. trade pact, Trump demands 'real deal'

Wed, 12/05/2018 - 4:30am
China expressed confidence on Wednesday that it can reach a trade deal with the United States, despite fresh warnings from President Donald Trump that he would revert to more tariffs if the two sides cannot resolve their differences.

Caught in Russia-Ukraine storm: a cargo ship and tonnes of grain

Wed, 12/05/2018 - 4:21am
When the Island Bay cargo ship arrived from Beirut at the Kerch Strait, gateway to the Azov Sea, it sailed into a perfect storm of geopolitics and bad weather.

Trump says if no China trade deal possible, 'I am a Tariff Man'

Tue, 12/04/2018 - 6:35pm
U.S. President Donald Trump on Tuesday held out the possibility of an extension of the 90-day trade truce with China but warned he would revert to tariffs if the two sides could not resolve their differences.

Growing split in Seoul over North Korea threatens Korea detente, nuclear talks

Tue, 12/04/2018 - 6:29pm
When Seoul was preparing to open a liaison office in the North Korean city of Kaesong this summer after a decade of virtually no contact with its longtime enemy, South Korean officials had heated debates over whether they should seek approval from Washington.

Ordinary Americans, dignitaries mourn Bush at U.S. Capitol

Tue, 12/04/2018 - 6:29pm
Ordinary Americans, generals and former Cabinet members paid respects at the U.S. Capitol Rotunda on Tuesday to the late U.S. President George H.W. Bush, who died last week at the age of 94 after a life of service as a World War Two hero, head of the CIA and wartime president.

Wall Street tumbles, spooked by growth and trade worries

Tue, 12/04/2018 - 6:07pm
Wall Street tumbled more than 3 percent on Tuesday, led lower by bank and industrial shares, as the U.S. bond market sent unsettling signs about economic growth and investors worried anew about global trade.

Cut in China tariffs on cars a 'litmus test' for trade talks: Kudlow

Tue, 12/04/2018 - 5:59pm
White House economic adviser Larry Kudlow said on Tuesday that a reduction in Chinese tariffs on U.S. cars and agricultural and energy commodities would be a "litmus test" for whether U.S.-China trade talks are on track to succeed.

U.S. Republican campaign emails hacked months before election

Tue, 12/04/2018 - 5:46pm
Email accounts for a campaign group supporting Republicans candidates running for the U.S. House of Representatives were hacked before this year's congressional elections, according to a person familiar with the investigation.

Trump is shaping new 'liberal' order to block Russia, China, Iran, says Pompeo

Tue, 12/04/2018 - 5:11pm
U.S. President Donald Trump's top diplomat promised on Tuesday a new democratic world order in which Washington will strengthen or jettison international agreements as it sees fit to stop "bad actors" such as Russia, China and Iran from gaining.

Tired of waiting for asylum, migrants from caravan breach U.S. border

Tue, 12/04/2018 - 4:22pm
Central American migrants stuck on the threshold of the United States in Mexico breached the border fence on Monday, risking almost certain detention by U.S. authorities but hoping the illegal entry will allow them to apply for asylum.

British PM suffers setbacks as Brexit debate starts in parliament

Tue, 12/04/2018 - 4:08pm
British Prime Minister Theresa May suffered embarrassing defeats on Tuesday at the start of five days of debate over her plans to leave the European Union that could determine the future of Brexit and the fate of her government.

Top senators briefed by CIA blame Saudi prince for Khashoggi death

Tue, 12/04/2018 - 3:50pm
Senior U.S. senators said on Tuesday they were more certain than ever that Saudi Arabia's crown prince, Mohammed bin Salman, was responsible for the killing of journalist Jamal Khashoggi after receiving a CIA briefing on the matter.

Global stocks dive on growth concerns, doubts over trade truce

Tue, 12/04/2018 - 3:45pm
Global stocks tumbled on Tuesday as a flattening Treasury yield curve sparked recession warnings, while optimism sharply waned that the United States and China would quickly resolve their trade dispute.

Instant View: Stocks slammed, yield curve flattens on trade doubts, growth worries

Tue, 12/04/2018 - 3:29pm
U.S. stocks plunged on Tuesday and more points along the Treasury yield curve inverted as doubts arose over a speedy resolution to the U.S.-China trade dispute and over the health of the global economy.

Corporate tax breaks cost U.S. schools billions of lost revenue: report

Tue, 12/04/2018 - 3:18pm
Corporate tax subsidies, in the spotlight again after Inc's secretive quest to find a site for its second headquarters, are costing American public schools big money, according to a report issued on Tuesday.

Dollar weak as U.S. Treasury yield curve inversion sparks recession fears

Tue, 12/04/2018 - 3:05pm
The dollar edged lower on Tuesday as U.S. Treasury yields fell, feeding fears that the Federal Reserve could pause in its rate-hike cycle, while an inversion in part of the yield curve was taken as a red flag for a potential recession.

Exclusive: Democrats prepare to probe Trump's FBI headquarters plan - Rep Connolly

Tue, 12/04/2018 - 2:47pm
President Donald Trump's role in decisions about a new FBI headquarters will face intense scrutiny when Democrats take control of a key U.S. House of Representatives committee in January, one of the panel's leaders said on Tuesday.

U.S. gives Russia 60 days to comply with nuclear treaty

Tue, 12/04/2018 - 2:25pm
The United States delivered Russia a 60-day ultimatum on Tuesday to come clean about what Washington says is a violation of a arms control treaty that keeps missiles out of Europe, saying only Moscow could save the pact.

U.S. 'model soldier' gets 25 years in prison for Islamic State support

Tue, 12/04/2018 - 1:54pm
A U.S. Army sergeant described by former colleagues as a one-time "model soldier" was sentenced to 25 years in prison at a federal court in Hawaii on Tuesday after pleading guilty to providing material support to the Islamic State militant group, a local news outlet reported.

If Iran can't export oil from Gulf, no other country can, Iran's president says

Tue, 12/04/2018 - 1:52pm
Iranian President Hassan Rouhani made an apparent threat on Tuesday to disrupt other countries' oil shipments through the Gulf if Washington presses ahead with efforts to halt Iranian oil exports.